Where are the world’s millionaires and how is wealth divided globally?
Al JazeeraAlmost half of the world’s wealth, 47.5 percent or $213 trillion, is held by just 1.5 percent of the global adult population. The world has at least 58 million US dollar millionaires, accounting for 1.5 percent of the global adult population, according to the 2024 UBS Global Wealth Report, which sampled 56 markets that account for 92 percent of global wealth. Almost half of the world’s wealth, 47.5 percent or $213 trillion, is held by just 1.5 percent of the global adult population, according to the Global Wealth Report. So commodity exporters – thinking of Russia, but also some Middle Eastern countries – tend to see very fast accumulation of wealth, particularly in the top 10 percent of the wealth bracket, which supports millionaire growth.” UBS said over that the 15 years that it has published its report, the Asia Pacific region has posted the biggest growth in wealth, up almost 177 percent, followed by the Americas at nearly 146 percent, while Europe, the Middle East and Africa was up just 44 percent.
History of this topic
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